421 W 3rd Street, Joplin, MO 64801 (MLS# 255821)

Overview

Description

This centrally located multifamily property offers a rare investment opportunity with four well-maintained buildings comprising a total of 19 units, all thoughtfully designed as 1-bedroom, 1-bath apartments. Boasting a strong history of consistent occupancy, this property delivers stable cash flow and long-term rental demand. Its central location provides convenient access to shopping, dining, and transportation, making it highly attractive to tenants seeking both comfort and convenience. With its solid performance, versatile layout, and excellent location, this property is ideal for investors looking to expand or diversify their portfolio in a high-demand rental market.

Location, Tax & Legal

Street #: 421
Direction: W
Street Name: 3rd
Suffix: Street
County: Jasper
State/Province: MO
Zip Code: 64801
Area: 01 - Joplin City - NW
Parcel #: 33-008948-0000
Zoning: R-3
Tax ID: 33-008948-0000
Taxes Assessed: Yes
Tax Type: Both
Total Tax: 2628.04

Contract Info

Listing Price: 1115000
List Price/SqFt: 102.14
In City Limits: Yes
Residential Type: Multiple Buildings
Love Letters Accepted by Seller: No
Owner/ Agent: No
Sale/Rent: Sale
Potential Gross Scheduled Rent: 193037

General Property Info

Age: 100+
Road Frontage: 143
Total Acres: 0.31
Variable Acres: No
Basement: Yes
Units: 19
Year Built: 1920
Occupancy: Tenant
Electricity On: Yes
Apx SqFt - Total: 10916
Total Baths: 19
Sq Ft Source: Appraisal
# 1 Bdrm Units: 19
School District: Joplin
Elementary School: Dover Hill
Middle School: North
Solar: No
Apx SqFt - Warehouse: 0

Remarks Misc

Directions (Starting from): From 4th and Main, west on 4th to Byers, north on Byers to property at northeast corner of 3rd St and Byers Ave.

Remarks & Misc

Public Remarks: This centrally located multifamily property offers a rare investment opportunity with four well-maintained buildings comprising a total of 19 units, all thoughtfully designed as 1-bedroom, 1-bath apartments. Boasting a strong history of consistent occupancy, this property delivers stable cash flow and long-term rental demand. Its central location provides convenient access to shopping, dining, and transportation, making it highly attractive to tenants seeking both comfort and convenience. With its solid performance, versatile layout, and excellent location, this property is ideal for investors looking to expand or diversify their portfolio in a high-demand rental market.

More Information

Traffic Count

Under 5K: Yes

Style

2 Story: Yes
Side by Side: Yes

Property Condition

Existing Structure: Yes

Possession

At Close: Yes
Subject to Tenant Rights: Yes

Financing

Cash: Yes
Conventional: Yes

Parking

On Street: Yes

Basement

Basement: Yes

Roof

3 Tab (Composition): Yes
Rolled: Yes

Utilities

Elec - Liberty: Yes
Natural Gas: Yes
Sewer - City: Yes
Water - City: Yes

Heating

Floor Furnace: Yes
Hot Water: Yes
Radiant: Yes

Cooling

Window Unit(s): Yes

Flooring

Carpet: Yes
Vinyl: Yes
Wood: Yes

Road Access/Maint

Access - City: Yes
Access - Paved: Yes
Maint - City: Yes

Docs on File

Rent Roll: Yes

Rent

One Year Lease: Yes

Owner Pays

All: Yes

Apt Furnished

None: Yes

Laundry

Inside Utility: Yes
None: Yes

Property Features

Style: 2 Story; Side by Side Traffic Count: Under 5K Property Condition: Existing Structure Possession: At Close; Subject to Tenant Rights Financing: Cash; Conventional Parking: On Street Basement: Basement Roof: 3 Tab (Composition); Rolled Utilities: Elec - Liberty; Natural Gas; Sewer - City; Water - City Heating: Floor Furnace; Hot Water; Radiant Cooling: Window Unit(s) Flooring: Carpet; Vinyl; Wood Rent: One Year Lease Owner Pays: All Apt Furnished: None Laundry: Inside Utility; None Docs on File: Rent Roll